New York, May 23, 2018: The Variable Speed Generator Market is segmented on the lines of its generator type, technology type, power rating, prime mover, end user and regional. Based on generator type is segmented into Variable Speed-Self Excited Induction Generator (SEIG), Doubly Fed Induction Generator (DFIG), Wound Rotor Induction Generator (WRIG) and Permanent Magnet Synchronous Generator (PMSG). Based on technology is segmented into Power Electronics Based Variable Speed Generator and Mechanical Variable Speed Generator. Based on power rating is segmented into Up to 100 kVA, 100 kVA–1 MVA, 1–25 MVA and Above 25 MVA. Based on prime mover is segmented into Wind Turbine, Hydro Turbine, Steam and Gas Turbine and Internal Combustion Engine. Based on end user is segmented into Renewable Power Generation, Hydroelectric Power Generation, Marine and Shipbuilding, Oil & Gas and Mining, Commercial and Residential and Others.

The scope of the report includes a detailed study of Variable Speed Generator Market with the reasons given for variations in the growth of the industry in certain regions.

The Variable Speed Generator Market is expected to exceed more than US$ 6 Billion by 2023 at a CAGR of 18.5% in the given forecast period.